Jan 05, 2016 - 0 Comments - Top Stories -

Miami Commercial Real Estate News January 5, 2016

city_banner3Steelbridge, Apollo Global Close on Largest Sale in Aventura for 2015

CoFe Properties LLC acquired the class A office property at 2999 NE 191st St. in Aventura, FL for $40 million, or approximately $376 per square feet. The closing marks the largest office sale in 2015 for the Aventura submarket.  Built in 1988, the 10-story, 106,500-square-foot office property sits…

Walmart Breaks Ground in Midtown Miami

That future hulking Walmart in Midtown is in its pregnancy stages, with construction beginning the week after Christmas. Despite a fight from neighborhood activists and lawsuits, the battle appears to be over for the three-story, 200,000-plus square-foot superstore.  It’s still seems…

MiamiCentral ‘Moving Forward,’ New Renderings Released

MiamiCentral is moving forward, according to the New Times. The project currently under construction at NW 1st Ave between NW 3rd Street and NW 8th Street would connect Miami’s preexisting public train system to Tri-Rail and Brightline, with the latter providing…

A list of Top Miami CRE Stories of 2015

Chanukah is in the rearview and Christmas is a week away, meaning we’re this close to putting a bow on 2015, a colorful year for Miami real estate. Here are the 10 most read stories on Curbed Miami in the last year. Kicking off our list is Monday’s post featuring Judge Judy’s new $8.6-million…

The 2016 New Year Predictions For CRE

As old man 2015 passes from the stage and a brand spanking New Year gets the spotlight, what is in the cards for 2016’s commercial real estate industry?  Here’s a fast roundup of predictions from industry stalwarts.
NAR’s Chief Economist Lawrence…

South Beach Retail Trades For $2,766 Per Square Foot

A Brooklyn company went shopping for South Beach retail real estate and came away with a 3,615-square foot shoe store property.

Dadeland Office Wins Life-Backed Refi

“Its close proximity to executive housing as well as mass transit, resulted in very favorable debt capital interest.”

Oceanfront Retail Property Up for Grabs

“South Florida oceanfront sites are almost impossible to come by and we expect a flurry of interest from local, national, and international investors.”